Toll Brothers Announces Amenity Grand Opening at Cross Kirkland Towns in Kirkland, Washington
Rhea-AI Summary
Toll Brothers (NYSE:TOL) announced the grand opening of amenities at Cross Kirkland Towns, a luxury townhome community in Kirkland, Washington. A Community Showcase event is scheduled for May 30, noon–3 p.m., featuring model home tours and refreshments.
Four-bedroom townhomes range from 1,904 to 2,416+ square feet with 3.5 baths, 2-car garages, covered outdoor living, and select flex spaces. Amenities include a pickleball court, playground, dog park, open spaces, and walking paths with direct access to the 5.75-mile Cross Kirkland Corridor trail. Homes are priced from $1.19 million and located in the Lake Washington School District near major employers and shopping.
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News Market Reaction – TOL
In the May 26 session, TOL gained 2.62%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 21 | Community sales update | Positive | -1.3% | Final opportunity to buy luxury homes at Tesoro Club in Florida. |
| May 21 | Community opening | Positive | -1.3% | Opening of Cedar Terrace luxury townhomes and condos in Virginia. |
| May 19 | Earnings results | Positive | +8.3% | FY 2026 Q2 results with raised full‑year guidance and buybacks. |
| May 18 | Community opening | Positive | +0.6% | Launch of Cameron Cove single-family community in Marietta, Georgia. |
| May 18 | Model home opening | Positive | +0.6% | Model home grand opening at South Main townhome community in California. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Operational community-opening news has often seen small or negative reactions, while fundamental updates like quarterly results with raised guidance have aligned with stronger positive moves.
In the past week, TOL has issued several community-focused announcements in Florida, Virginia, Georgia, and California, alongside its FY 2026 Q2 results on May 19. The quarter delivered $2.51 billion in home sales revenue and $260.6 million net income with raised guidance, which coincided with a +8.25% move. By contrast, multiple grand openings and sales milestones have produced modest or negative price moves, suggesting investors prioritize core financial updates over incremental community launches like Cross Kirkland Towns.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Community Showcase Event on Saturday, May 30 is open to the public
KIRKLAND, Wash., May 26, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of its amenities at Cross Kirkland Towns, a luxury new townhome community by Toll Brothers in Kirkland, Washington. A Community Showcase event will be held on Saturday, May 30, from noon to 3 p.m. and is open to the public. Guests are invited to enjoy freshly crafted coffee drinks, Italian sodas, and sweet bites while exploring the community’s onsite amenities. Two beautifully appointed model homes, as well as quick move-in homes, will be open for tours at 10829 120th Lane NE in Kirkland.
Cross Kirkland Towns is a thoughtfully designed community of luxury four-bedroom townhomes featuring northwest contemporary architecture and sleek interior finishes. Homes range from 1,904 to 2,416+ square feet and include 3.5 baths, a 2-car garage, and a private first-floor bedroom with a full bathroom. Each home offers covered outdoor living off the open great room, with select floor plans including a flex space ideal for a home office. Homes are priced from
The community’s amenities include a pickleball court, children’s playground, dog park, and open spaces, all connected by walking paths. Residents also enjoy direct access to the adjacent 5.75-mile Cross Kirkland Corridor trail, which is part of the developing 42-mile Eastrail trail system connecting surrounding neighborhoods such as Bellevue, Renton, and Redmond.
"Cross Kirkland Towns showcases the best of luxury living and outdoor recreation in a stunning, central location," said Todd Callahan, Regional President of Toll Brothers for the Pacific region. "We are thrilled to unveil these exceptional community amenities and invite prospective home shoppers and neighbors to join us on May 30 to experience the incredible lifestyle residents enjoy at this community."
Located in the highly sought-after Lake Washington School District, Cross Kirkland Towns offers an exceptional location near downtown Kirkland, Juanita Beach, and The Village at Totem Lake, with abundant shopping, dining, and recreation opportunities. The community also provides easy access to major employers such as Microsoft, Meta, and Amazon, as well as Interstate 405 for seamless commuting.
Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.
For more information on Cross Kirkland Towns and other Toll Brothers communities in Washington, call 844-845-5263 or visit TollBrothers.com/WA.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.
Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.
From Fortune, ©2026 Fortune Media IP Limited. All rights reserved. Used under license.
Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/b61d301b-567d-456d-b9f4-6bc691c9ac78
https://www.globenewswire.com/NewsRoom/AttachmentNg/05262dfa-8282-4160-9915-9203361a39c0
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
